Quebecor, Inc. (QBR.B) Given Average Recommendation of “Buy” by Analysts

Shares of Quebecor, Inc. (TSE:QBR.B) have earned a consensus rating of “Buy” from the ten research firms that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a hold recommendation, three have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is C$31.67.

Several research analysts recently issued reports on the company. Royal Bank of Canada lifted their target price on Quebecor from C$33.00 to C$34.00 in a research report on Wednesday. National Bank Financial lifted their target price on Quebecor from C$33.00 to C$34.50 and gave the company an “outperform” rating in a research report on Tuesday, December 4th. BMO Capital Markets lifted their target price on Quebecor from C$31.00 to C$33.00 and gave the company an “outperform” rating in a research report on Friday, November 9th. Finally, TD Securities lifted their target price on Quebecor from C$32.00 to C$33.00 and gave the company a “buy” rating in a research report on Friday, December 21st.

Shares of TSE:QBR.B traded up C$0.11 during mid-day trading on Friday, hitting C$29.31. 501,158 shares of the company traded hands, compared to its average volume of 412,298. Quebecor has a 12-month low of C$19.50 and a 12-month high of C$25.27.

Quebecor Company Profile

Quebecor Inc is a telecommunications and media company. The Company’s segments include Telecommunications, Media, and Sports and Entertainment. The Telecommunications segment offers television distribution, Internet access, business solutions (including data centers), cable and mobile telephony and over-the-top video services in Canada.

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Analyst Recommendations for Quebecor (TSE:QBR.B)

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